Farmers & Merchants Bancorp (OTCMKTS:FMCB) Posts Quarterly Earnings Results

Farmers & Merchants Bancorp (OTCMKTS:FMCB) released its quarterly earnings results on Wednesday. The bank reported $31.11 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bancorp had a return on equity of 15.35% and a net margin of 30.25%.

Farmers & Merchants Bancorp Stock Performance

FMCB traded down $8.63 during trading hours on Wednesday, reaching $1,041.38. The company’s stock had a trading volume of 3 shares, compared to its average volume of 139. Farmers & Merchants Bancorp has a 52 week low of $930.12 and a 52 week high of $1,100.00. The company’s 50-day moving average is $1,045.12 and its 200-day moving average is $992.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market cap of $728.96 million, a PE ratio of 8.79 and a beta of 0.22.

Farmers & Merchants Bancorp Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Wednesday, December 4th were paid a $9.30 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This is a boost from Farmers & Merchants Bancorp’s previous dividend of $8.80. Farmers & Merchants Bancorp’s dividend payout ratio is 15.70%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.